Tata Steel: Aiming for 15 Million Tonnes of Green Steel by 2040

Tata Steel, a leading global steel producer, is accelerating its transition to sustainable steelmaking, with a target to produce 10–15 million tonnes per annum (MTPA) of green steel from recycled materials by 2040, according to CEO and MD T V Narendran.

Embracing a shift "from linearity to circularity," the company is integrating low-carbon steelmaking technologies across its operations in India and Europe. In FY25, Tata Steel produced 30.92 million tonnes of steel from its global capacity of 35 MTPA, with operations spanning India, the UK, the Netherlands, and Thailand. It aims to scale its Indian capacity to 40 MTPA by 2030.

As part of its decarbonization strategy, Tata Steel is moving from blast furnace-based production to electric arc furnaces (EAF) in Europe. In the UK, the 3 MTPA blast furnaces at Port Talbot have been shut down, with construction of an EAF underway. In the Netherlands, discussions on a similar transition are ongoing with the Dutch government.

To further its recycling push, the company is also building a 0.75 MTPA recycling facility in Ludhiana, set to be operational by FY26, complementing an existing recycling unit near Delhi.

News by Rahul Yelligetti.